CNNMoney: Federal Reserve perks up (a bit) on economy
Following a two-day policy meeting, the central bank voted 9-to-1 to make no changes to the Fed's ongoing stimulus program, and maintain its pledge to keep interest rates at record lows "at least through mid-2013."

CNN: Postal Service rescue plan offered by senators
A small bipartisan group of lawmakers announced a proposal to save the U.S. Postal Service that would make it possible to cut Saturday service in two years, close post offices and buy out 100,000 workers.

CNN: 'Fast and Furious' flap likely to linger
A botched gun probe that allowed hundreds of weapons to reach Mexico's drug cartels is likely to be a lingering but not fatal controversy for the Obama administration, observers said Wednesday.

CNN: Russian convicted in arms conspiracy plot
Convicted Russian arms dealer Viktor Bout could face life in prison after a federal jury returned guilty verdicts Wednesday on four counts related to a conspiracy to kill Americans, acquire and export anti-aircraft missiles and provide material support to a terrorist organization.

CNN: Greece's prime minister optimistic referendum will pass
Greek Prime Minister George Papandreou expressed optimism late Wednesday that the Greek people, in a vote to be held as soon as December 4, will support his plan to remain in the euro zone despite having to endure the austerity measures that Greece's continued membership in the euro club would require.

CNN: Iran threatens to 'punish' any Israeli attack
Iran issued a warning to Israel on Wednesday, with a top military figure saying Iran will "punish" any threat. …The Israeli Ministry of Defense said Wednesday that Israel "carried out the test-firing of a rocket propulsion system from the Palmachim military base.”

CNN: “Squeeze”: the new tactic in dealing with Pakistan-based terror groups
The United States appears to be shifting tactics as it tries to chart a course toward a stable and secure Afghanistan, according to diplomats and analysts. It might best be described as the squeeze – a more subtle approach to counteracting the threat of groups like the Haqqani Network, while at the same time suggesting the possibility of dialogue.

CNNMoney: $600 million missing at MF Global
A government regulator said in court Wednesday that roughly $600 million is missing from the books of bankrupt brokerage MF Global. …This past weekend, executives at MF Global had been scrambling to sell the firm to Interactive Brokers, but the missing money scuttled the deal and forced it into bankruptcy, regulators said this week.

Bloomberg: G-20 Mull Whether to Press for Yuan Flexibility
A draft of the communique singled out China as needing to allow more flexibility in its currency to help ease global trade and investment imbalances, the official said on condition of anonymity because discussions on the statement haven’t finished.

soundoff(2 Responses)

T'sah from Virginia

►CNN: Cain camp calls report of third harassment claim 'baseless'
But the “other two” – yea, okay – that was kind of my business
But I was “tippy” and I didn’t remember what really happened that night
So, “…excuse me, EXCUSE ME…” Dang, unless you wanna get in a FIGHT!!!
(What part of NO these [morons] don’t understand!!!!!!!!!!!!!!!!)

►CNN: Bipartisan House group presses 'super committee' to 'go big'
Alright, already – 70,000 pages will do – enough to get out the big rig!!
But where is it going – Nowhere – because exactly “half” is against the other
And NO ONE is capable of persuading the other – not even if it comes from their mother!!!

►CNNMoney: Federal Reserve perks up (a bit) on economy
And it will continue to “perk” because it’s realized it can no longer be…
A reason to “look bad” in an effort to ONLY “destroy” a presidency
And it’s becoming more evident that there will be MORE “Occupy Wall Streets”

►CNN: Postal Service rescue plan offered by senators
In reality – since the Pony Express – the postal service was @ your door
Through Rain, Snow, Sleet and Hail – they really should NOT be ignored
(okay, kind of weak – but gotta go….LOL)

Off to Work – HAVE A NICE DAY!!! :-)

November 3, 2011 06:56 am at 6:56 am |

Keith in Austin

Nothing to mention about the pending Congressional hearing re: Eric Holder and his role in "Fast and Furious"? How it was a major screw-up under his watch and how he has misrepresented the truth in recent weeks? This is a huge Obama-Administration scandal and attempted cover-up. However, your top news stories are regarding trumped up "allegations" against Herman Cain! Truly comical CNN!!